Australia's Money Matchmaker™

Newcastle car loan rates from 11 lenders in 60 seconds

  • Comparison rates from 3.83% - 47.66% p.a*
  • 100% free to use with no phone calls
  • No hidden fees or broker fees
Best match guarantee or $200* we're confident
Best match guarantee or $200* we're confident
Australia's Money Matchmaker matching you with your best loans across multiple lenders
My matching process let's you check multiple lender rates in one place, making it super fast to shop around

Why Money Matchmaker™

  • Receive real rate offers from 11 lenders
  • No paid promotions
  • No credit score impact
  • Your personal data is never sold

“Super quick, I got lots of offers. All I had to do was choose which one! I went with Wisr because they were the cheapest. Thanks” - Angela

Find the best Newcastle car financing options for you

Written by

Shaun McGowan

Looking for a car loan in Newcastle? The harbour city in Australia’s New South Wales is an explorer’s dream. Its endless beaches and coastal walks are also home to beautiful sea creatures - on a good day, you’ll be able to watch migrating whales from Fort Scratchley.

Whether you’re looking for a run-around car, or something bigger to tow a boat to Newcastle’s water, here’s what you need to know when get car finance sorted.

New, Dealer, Or Private Sale Car Loans

Just as everyone’s need for a car is different, choosing the right vehicle for you will be your first step toward securing a loan.

Your first consideration is whether to go for a new or used vehicle - newer vehicles are easier to approve for finance, but you may find a near-new vehicle that is in excellent condition.

If you’re choosing to buy second hand privately and not through a dealership, you’ll also be responsible for making all the checks on the vehicle you’re buying, so be sure to check the car’s history and what it’s been used for; the downside of buying a car in a coastal city like Newcastle is the high chance for rust and water damage - keep your eye out!

Find the best deal on car loans


Finding competitive car loans in Newcastle

There are a number of local car loan lenders in Newcastle, but the easiest way to find competitive loans will be to broaden your search to include online lenders as well.

If you’re comparing car loans in Newcastle, you’ll need to make sure the lender will finance your chosen new or used vehicle, and then consider some of the factors that will influence your interest rate and repayments:

  • Secured or unsecured? A secured car loan uses your vehicle as security, but will have lower rates than an unsecured personal loan.
  • How long is the loan? A longer loan means lower repayments, but you’ll pay more interest in total.
  • Are there fees? Look out for fees or extra charges included in your loan. Most of these can be negotiated or lowered.

To work out your loan repayments or to see what is affordable, use this car loan repayment calculator.

Shopping around for the Best Car Loan offers in Newcastle

The easiest way to shop around is to simply use our Money Matchmaker™ engine.

We’ll compare the best loans we can find from our available pool of lenders, personalised entirely based on a few simple questions, so you can see exactly how much you’ll pay with each lender.

But if you want to spend the time researching yourself to make sure you get the right car loan here are some quick tips:

  • Look at your different lender options - banks, car dealerships, car loan broker
  • Understand what your credit score is - this will affect risk assessment
  • Know your employment history - the more regular and stable the better
  • Make sure you can meet repayments - look at your bank statements to ensure they show good conduct
  • Look at the comparison interest rates - this is the true price you’ll pay with all fees included

Getting a car loan in Newcastle if you have bad credit history

Written by

Shaun McGowan

You’ll have to jump through a few more hoops but there are lenders who specialise in helping those with bad credit. And rest assured not all bad credit is the same. Lenders will want to know:

  • The history of any defaults and ultimately get comfortable with them
  • They’re going to want to make sure you have the ability to repay the loan

If these two things check out, a lender will be able to offer you a car finance with bad credit, but it's likely going to have higher interest rates and some fees attached because you’re considered a higher risk (due to your credit history).

How to go about refinancing your car in Newcastle.

If you already have a car loan but thinking you may be able to get a lower interest rate, shorter term or less fees with another lender, refinancing your car loan is pretty much the same process as getting a loan.

To find the best offers, it’s worth spending some time comparing available deals from multiple lenders. You can do that simply answer our questions.

Meet Money Matchmaker™

"Hey I’m Money Matchmaker™, I have a team of wizards making me super smart. I’ve been loaded up with all the information that lenders use, and when you take my quiz, I use your answers to check against all our lenders at once. I’m harmless, I don’t impact your credit score and I’ll show you the best loan matches I can with no brokers fees or annoying ads"

Money Matchmaker

The right car loan can save you $1,000s


Meet your Potential Car Loan matches

Meet Plenti
  • No Early Repayment Fees
  • No Monthly Fees
  • Get Funds 24 Hours From Approval
Meet Wisr
  • Same day decisioning
  • No admin, early repayment or "risk" fees
  • Support from real people
Meet Society One
  • No ongoing fees
  • No monthly fees
  • No Deposit Required
Meet Fair Go
  • Build your credit score by making timely repayments
  • Once approved, loans are funded in minutes
  • Flexible repayments; weekly, fortnightly, monthly options
Meet Finance 1
  • Pay your loan out early with no fees
  • Change payment dates and frequency at any time
  • Make extra repayments at any time
Meet Greenlight
  • No risk fees
  • Flexible Weekly, Fortnightly & Monthly payment frequency,
  • Make extra repayments at any time
Meet Jacaranda
  • Apply in under 8 minutes
  • Once approved, cash transferred in 60 seconds
  • No early termination fees
  • Approval in 24 hours
  • Balloon options to reduce repayments
  • No ongoing or discharge fees
Meet Money3
  • Pay your loan out early with no fees
  • Increase regular payments to suit your situation
  • Make extra repayments at any time
Meet Now Finance
  • Get a guaranteed, personalised rate in 2 minutes
  • Apply online in under 10 minutes
  • Weekly and fortnightly repayments
Meet Alex
  • $0 establishment fee: offer expires 8 DEC 2021
  • $0 ongoing fees, early repayment fees, exit fees
  • Multi Award winning and 100% digital

About the Author

Shaun McGowan from



Shaun McGowan

Shaun is the founder of and is determined to help people pay as little as possible for financial products. Through education and building world class technology. Previously Shaun co-founded and Lend.


Money Pty Ltd,
Suite 3, Level 2,
1 Taylor Street,
Moorabbin, VIC, 3189 Australia


Money Pty Ltd trading as Money
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© Copyright 2021 Money Ltd.


Money Pty Ltd (trading as provides information about credit products and is authorised to do so as the holder of Australian Credit Licence 528698. does not compare every Lender in Australia. We are not a broker or credit provider and when we provide information via this website, we are not providing you with a recommendation or suggestion about a particular credit product. When you apply for a credit product via the website, you are not applying with us, you are applying directly with a Lender Partner. Before entering into any credit product from one of our Lender Partners, you should confirm the rates and product information with the Lender. All information on this website is general advice only and does not take into account your objectives, financial situation or needs. You should consider whether this advice is right for you and we encourage you to seek independent financial advice.